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Poland interested in trans-shipping LNG through Portugal
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WARSAW (Reuters) -Poland would be interested in cooperating with Portugal on potential LNG trans-shipping, Prime Minister Mateusz Morawiecki said on Friday, adding that gas could be sent to other countries to help them cut their dependence on Russia.
WARSAW (Reuters) -Poland would be interested in cooperating with Portugal on potential LNG trans-shipping, Prime Minister Mateusz Morawiecki said on Friday, adding that gas could be sent to other countries to help them cut their dependence on Russia.
Following Russia’s invasion of Ukraine, the European Union has been scrambling to find alternatives to Russian gas supplies, which account for 40% of the bloc’s total requirement. Moscow has also demanded gas be paid for in roubles in response to Western sanctions.
“Poland is becoming a gas hub, so if we could obtain additional gas that would be distributed either to Poland or to our western or southern neighbours, we would be most interested in this kind of cooperation with Portugal,” Morawiecki said after meeting his counterpart Antonio Costa.
Costa said Portugal is in discussions with several governments about the possibility of using the port of Sines as a trans-shipment platform for the transfer of fuel from large vessels to smaller bulk carriers better able to operate in the North and Baltic Seas.
He added that Lisbon was willing to provide Warsaw with technical support for the process.
Portugal plans to double Sines’ capacity to handle liquefied natural gas tankers and transfer the LNG on to smaller vessels to send to European countries dependent on piped gas from Russia, sources told Reuters in April.
Portugal has said that Sines – the closest deep-water European port to the U.S. coast – could be a gateway for LNG from countries such as the United States, Nigeria or Trinidad and Tobago.
(Reporting by Anna Koper and Pawel Florkiewicz; Additional reporting by Patricia Rua, Writing by Anna Wlodarczak-Semczuk and Anna Koper; editing by Jason Neely, Kirstne Donovan)
LNG stands for liquefied natural gas, which is natural gas that has been cooled to a liquid state for easier storage and transport.
A gas hub is a central location where natural gas is traded and distributed, facilitating the supply to various markets.
Sines port is significant as it is the closest deep-water European port to the U.S. coast, making it a strategic location for LNG imports.
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